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  • Federal Reserve holds rates steady for fifth consecutive month

    Federal Reserve holds rates steady for fifth consecutive month

    The Federal Reserve, during its July policy meeting, decided to hold interest rates at 3.5% to 3.75%. This comes amid elevated inflation rates, which were attributed to supply shocks. This is also the Fed’s fifth consecutive hold; the last rate cut was in December 2025.

    “The Committee decided to maintain the target range for the federal funds rate at 3-1/2 to 3-3/4 percent, in support of the Federal Reserve’s dual mandate,” the Board said in a statement. “The Committee is continuing its policy of maintaining ample reserves in the banking system.”

    This is Federal Reserve Chairman Kevin Warsh’s second decision of his tenure since he took the helm in May. The National Association of Home Builders Chief Economist, Robert Dietz, discussed what this means for builders.

    “If you squint a little, this can be seen as a dovish policy message because, while the Fed can affect aggregate demand by tightening monetary policy (as the bond market appears to expect), the central bank cannot effectively address supply shocks with policy,” said Dietz. “While this should not be interpreted as taking rate hikes off the table, it is an accurate statement of current macroeconomic conditions and many analysts’ views that the Fed cannot solve energy price increases due to war or one-off tariff effects with monetary policy.

  • New home sales edge higher

    New home sales edge higher

    According to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, newly built single-family home sales rose 1.6% in June to a seasonally adjusted annual rate of 628,000.

    “New home sales are gaining some momentum at the more affordable range of the market, with homes priced below $300,000 accounting for 23% of June sales, up from 16% a year earlier,” said the National Association of Home Builders (NAHB) Chief Economist Robert Dietz. “However, that price point is generally only achievable in markets with lower development and construction costs, particularly with respect to lower state and local regulatory costs.”

    “The pace of new home sales has remained constrained in recent months by elevated mortgage rates,” said Bill Owens, chairman of the National Association of Home Builders (NAHB) and a home builder and remodeler from Worthington, Ohio. “Builders continue to use incentives to support sales, with NAHB survey data showing that 62% of builders offered some form of incentive in June.”

    Read Full Article

  • With Exhibitor Space Sold Out, Registration is Open for the 2026 Building Industry Show, the “Not Your Typical Tradeshow” Experience

    With Exhibitor Space Sold Out, Registration is Open for the 2026 Building Industry Show, the “Not Your Typical Tradeshow” Experience

    It’s official: The highly-anticipated exhibitor show floor at the upcoming Building Industry Show (BIS) has sold out all available booth space. While exhibitor space is full, registration is open for those homebuilding industry pros who want to be in the room for exclusive access to homebuilders, trade associates, service providers and other leading companies spanning Southern California’s homebuilding industry.

    BIS 2026, hosted by the Building Industry Association of Southern California (BIASC), returns to Indian Wells in September for its high-energy takeover of the region’s home building scene, bringing together the nation’s top homebuilders and more than 1,000 of the industry’s biggest players for two epic days of business-to-business networking, entertainment, industry education and business opportunities and event experiences.

    The nation’s top homebuilders at BIS, with more to be announced, include Lennar Homes, CBC Homes, Crestwood Communities, Davidson Communities, Meritage Homes, Pacific Communities, Richmond American, Risewell Homes, Shea Homes, Toll Brothers, Tri Pointe Homes and Warmington Residential.

    Dubbed as “not your typical tradeshow,” BIS 2026 will deliver an abundance of experiences for attendees:

    •  Exhibitor Show Floor Experience
      • Over 100 exhibitor booths with Southern California’s top homebuilders and housing professionals showcasing the latest in industry trends, products and services.
    •  Meet the Builder Session
      • One-on-one networking opportunities connecting exhibitors, associates and decision-makers for increased opportunities to grow business.
    • Casino-Style Gaming
      • Casino-style gaming tables on the exhibitor floor where attendees can network and win prizes.
    • Over $10,000 in Massive Prizes
      • Opportunities to win a Hawaiian getaway, an ultimate pro sports tickets package, luxury golf escapes at famed Pebble Beach Resorts and Pelican Hill Golf Club, tickets to see Bruno Mars, and tickets to see Metallica at the Las Vegas Sphere.
    • Styx & Chicago Live in Concert
      • Attendees will receive tickets to experience two legendary rock bands performing live at Acrisure Arena.
    • Builders vs. Associates Golf Tournament
      • A friendly yet competitive tournament bringing together builders and industry partners for a memorable day on the course.
    • Live iHeartRadio Broadcast
      • A live broadcast from the show floor featuring interviews with industry leaders and exhibitors throughout the exhibitor show floor experience.
    • Davidson Communities Wine Tasting & Model Home Tour
      • An exclusive wine tasting experience and guided tour of a Davidson Communities model home at Cotino™, the new Storyliving by Disney © Community in the Coachella Valley.
    • Industry Education Sessions
      • Insightful presentations and discussions covering the latest trends, challenges, innovations and opportunities impacting homebuilding.
    • Exhibitor Reception & Networking Events
      • Multiple opportunities to connect with builders, developers, suppliers and decision-makers in a relaxed environment.
    • Chapter Board Installation Gala Dinner
      • An elegant evening recognizing incoming chapter presidents, board members and volunteer leaders.

    As one attendee of past BIS events attested, “There is no trade show like BIS. The builders come to the exhibitor floor and stay due to all the important industry strategic meetings, networking programs and entertainment throughout the day and night.”

    “BIS 2026 was designed with a simple goal: create an event where meaningful business relationships happen naturally – all in a fun, festive environment,” said Jeff Montejano, BIASC Chief Executive Officer. “Rather than relying on the traditional trade show format, we’ve built an experience that is engaging, interactive and centered on bringing people together. From the exhibit hall to every networking opportunity throughout the event, every element is intentionally designed to encourage conversations, strengthen partnerships and deliver lasting value for our members and exhibitors.”

    BIS dates and location:
    September 2-3, 2026

    Renaissance Esmeralda Resort & Spa, Indian Wells
    Companies interested in having a booth at the BIS exhibitor show floor are encouraged to secure a spot on the waiting list by contacting us at membership@biasc.org.

    How to Register as an Attendee and Boost Business Through Sponsorship
    To secure a spot as an attendee as this event that is expected to fully sell out and to boost business visibility among Southern California’s homebuilding industry, visit www.BuildingIndustryShow.com

    About BIASC

    The Building Industry Association of Southern California is the voice of the region’s building industry, with five chapters offering localized services to building professionals from Ventura to the southern tip of Orange County. For more than a century, the association has served its builder and associate members by anticipating, protecting, and promoting their common interests through a wide range of programs, services, councils, and committees. For more information on the Building Industry Association of Southern California, visit biasc.org.

Housing Economy >

  • Federal Reserve holds rates steady for fifth consecutive month

    Federal Reserve holds rates steady for fifth consecutive month

    The Federal Reserve, during its July policy meeting, decided to hold interest rates at 3.5% to 3.75%. This comes amid elevated inflation rates, which were attributed to supply shocks. This is also the Fed’s fifth consecutive hold; the last rate cut was in December 2025.

    “The Committee decided to maintain the target range for the federal funds rate at 3-1/2 to 3-3/4 percent, in support of the Federal Reserve’s dual mandate,” the Board said in a statement. “The Committee is continuing its policy of maintaining ample reserves in the banking system.”

    This is Federal Reserve Chairman Kevin Warsh’s second decision of his tenure since he took the helm in May. The National Association of Home Builders Chief Economist, Robert Dietz, discussed what this means for builders.

    “If you squint a little, this can be seen as a dovish policy message because, while the Fed can affect aggregate demand by tightening monetary policy (as the bond market appears to expect), the central bank cannot effectively address supply shocks with policy,” said Dietz. “While this should not be interpreted as taking rate hikes off the table, it is an accurate statement of current macroeconomic conditions and many analysts’ views that the Fed cannot solve energy price increases due to war or one-off tariff effects with monetary policy.

  • New home sales edge higher

    New home sales edge higher

    According to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, newly built single-family home sales rose 1.6% in June to a seasonally adjusted annual rate of 628,000.

    “New home sales are gaining some momentum at the more affordable range of the market, with homes priced below $300,000 accounting for 23% of June sales, up from 16% a year earlier,” said the National Association of Home Builders (NAHB) Chief Economist Robert Dietz. “However, that price point is generally only achievable in markets with lower development and construction costs, particularly with respect to lower state and local regulatory costs.”

    “The pace of new home sales has remained constrained in recent months by elevated mortgage rates,” said Bill Owens, chairman of the National Association of Home Builders (NAHB) and a home builder and remodeler from Worthington, Ohio. “Builders continue to use incentives to support sales, with NAHB survey data showing that 62% of builders offered some form of incentive in June.”

    Read Full Article

  • New single-family homes shift to smaller lots

    New single-family homes shift to smaller lots

    The long-term trend of building single-family detached homes on smaller lots appears to have stabilized. According to an analysis from the National Association of Home Builders, new single-family detached homes have steadily shifted toward smaller lots as a direct result of builders’ efforts to improve affordability and attract homebuyers.

    According to the latest Survey of Construction, the share of new homes built on smaller lots remained near record highs in 2025, following more than a decade of steadily shrinking lot sizes.

    The share of small lots remained high in 2025, with close to two-thirds of new single-family detached homes sold occupying lots under 9,000 square feet. Moreover, 38% of lots were under 7,000 square feet. These shares are just slightly below the record highs established over the last two years.

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Industry Developments >

  • Dream Finders Homes reports Q2 results

    Dream Finders Homes reports Q2 results

    On July 30, 2026, Dream Finders Homes (DFH) announced its Q2 2026 results: sales are up, but margins are down. According to the release from DFH, net sales increased 15% to 2,232 from 1,938 and home closings increased 3% to 2,290 from 2,232 year-over-year.

    Despite these seemingly positive figures, the company reported its homebuilding gross margin fell from 16.5% to 14.2%. DFH noted that there were higher land and financing costs. Another factor could be the high regulatory costs for finished lots and overall economic headwinds.

    Homebuilding revenues also decreased 8% in Q2 2026 compared to Q2 2025, largely attributed to a lower average selling price in product mix and geographic locations.

    “The home building market continues to be challenging, but our teams have worked hard to identify opportunities to improve our cost structure with the goal of delivering more affordable homes to our customers,” said Patrick Zalupski, Dream Finders Homes Founder, Co-Chairman and CEO. “We believe costs will need to continue to trend down, perhaps significantly, to have a meaningful impact on market-wide housing results.”

    Read Full Article 

  • Berkshire Hathaway completes acquisition of Taylor Morrison

    Berkshire Hathaway completes acquisition of Taylor Morrison

    Berkshire Hathaway’s acquisition of  Taylor Morrison is complete. The two companies released a joint statement announcing the integration of Taylor Morrison with Berkshire Hathaway-owned Clayton Properties Group site-built homebuilding subsidiaries. Between the combined homebuilding enterprises, an estimated 23,000 site-built homes were closed in 2025.

    “Today marks an important step forward as Taylor Morrison joins Berkshire. This best-in-class national homebuilder will lead our vision for a unified site-built homebuilding operation,” said Berkshire Hathaway’s Chief Executive Officer Greg Abel. “Together, we will help more Americans achieve their dream of homeownership.”

    “We have always believed in the strength of our business, and today Berkshire Hathaway has confirmed that belief,” said Taylor Morrison Chief Executive Officer Sheryl Palmer. “As we enter this new chapter, the scale and reach we gain by unifying with Berkshire and Clayton’s regional site-built homebuilders is transformative. We’ll now serve more customers, in more markets, with more choices—while maintaining the specialized local expertise that has made us successful. We’re thrilled to build upon that success as we scale to create a combined homebuilding platform unlike anything in the industry.”

    Read Full Article 

     

  • Acquisition increases among home builders

    Acquisition increases among home builders

    Most home builders predicted that elevated mortgage rates and hesitancy to buy homes would be among their greatest challenges in 2026. As companies seek efficiencies and economies of scale, the industry is experiencing increased consolidation activity: Taylor Morrison was acquired by Berkshire Hathaway; Tri Pointe Homes by Sumitomo Forestry; and United Homes Group by Stanley Martin Home. The National Association of Home Builders/Wells Fargo Housing Market Index survey asked about merger and acquisition (M&A) activity in August 2025 and again in June 2026. Results reveal an uptick in the share of builders reporting increased M&A activity in their local markets, from 14% in August 2025 to 21% in June 2026. More than 40% of builders, however, report no changes in consolidation trends in the markets where they operate.

    A second finding also points to somewhat higher levels of M&A activity in the industry, meaning the share of builders who have been approached for acquisition and/or merger doubled between August 2025 and June 2026, from 9% to 18%.

    Read Full Article

Market Research >

  • Mortgage rates average 6.58%

    Mortgage rates average 6.58%

    On July 23, 2026, Freddie Mac released the results of its Primary Mortgage Market Survey, revealing the 30-year fixed-rate mortgage (FRM) averaged 6.58%, up from the week before when it averaged 6.55%. A year ago at this time, the 30-year FRM averaged 6.74%.

    “The 30-year fixed-rate mortgage averaged 6.58% this week,” said Sam Khater, Freddie Mac’s Chief Economist. “As market conditions continue to evolve, borrowers should remember that shopping around for a mortgage rate can make a meaningful difference, potentially saving them thousands over the loan’s lifetime.”

    The 15-year FRM averaged 5.96%, up from the week before when it averaged 5.93%. A year ago at this time, the 15-year FRM averaged 5.87%.

    Read Full Article

  • Starter home prices outpace buyer income

    Starter home prices outpace buyer income

    The average age of a homeowner is 44, despite Gen Z homeownership rising in 2025. However, for buyers its not finding a home that is a challenge.

    According to recent research from Realtor, there are 300,000 fewer starter homes than before the pandemic. To address this, builders in 2026 are building on smaller lots at a quicker pace than the year before.

    The reality is the cost to purchase a starter home has dramatically increased. The average price of a starter home has risen from $256,000 in 2019 to $344,000 today. Consumer buying power and salaries have not followed suit. The average income needed to purchase is $78,000, up from $43,000 in 2019, while over the same period median household income rose only 28.3% at an estimated $69,000 to $88,100.

    “The barrier for today’s starter home buyer isn’t finding a home, it’s qualifying for one,” said Senior Economist “With mortgage rates still in the mid-6% range and the income needed to purchase a typical starter home up more than 80% since 2019, many would-be buyers are sitting on the sidelines even as listings accumulate.

    Read Full Article 

  • June housing starts and completions exceed estimates

    June housing starts and completions exceed estimates

    On July 17, 2026, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development released their new residential construction report for June 2026.

    According to the report, privately-owned housing completions in June were at a seasonally adjusted annual rate of 1,392,000, 3.3% above the revised May estimate of 1,347,000 and 1.5 percent% above the June 2025 rate of 1,372,000.

    Privately-owned housing starts in June were at a seasonally adjusted annual rate of 1,427,000, 19% above the revised May estimate of 1,199,000 and 3.5% above the June 2025 rate of 1,379,000. Single-family housing starts in June were at a rate of 895,000, a small 0.2% decline from the revised May figure of 897,000.

    Privately-owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,367,000, only 3% below the revised May rate of 1,410,000. Single-family authorizations in June were at a rate of 871,000, 2.4% below the revised May figure of 892,000.

    Read Full Article

     

  • June housing starts and completions exceed estimates

    June housing starts and completions exceed estimates

    On July 17, 2026, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development released their new residential construction report for June 2026.

    According to the report, privately-owned housing completions in June were at a seasonally adjusted annual rate of 1,392,000, 3.3% above the revised May estimate of 1,347,000 and 1.5 percent% above the June 2025 rate of 1,372,000.

    Privately-owned housing starts in June were at a seasonally adjusted annual rate of 1,427,000, 19% above the revised May estimate of 1,199,000 and 3.5% above the June 2025 rate of 1,379,000. Single-family housing starts in June were at a rate of 895,000, a small 0.2% decline from the revised May figure of 897,000.

    Privately-owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,367,000, only 3% below the revised May rate of 1,410,000. Single-family authorizations in June were at a rate of 871,000, 2.4% below the revised May figure of 892,000.

    Read Full Article

     

  • D.R. Horton realigns outlook despite strong Q3

    D.R. Horton realigns outlook despite strong Q3

    In this challenging market, the nation’s largest homebuilder, D.R. Horton, just exceeded its Q3 expectations with 23,983 homes closed and a home sales gross margin of 20.7%. Yet, the builder is realigning its full-year revenue and closings guidance.

    On the company’s Q3 earnings call on July 21, 2026, David Auld, Executive Chairman, noted that the market is at a crossroads with the weary consumer.

    “Affordability constraints and cautious consumer sentiment continue to impact new home demand and we expect sales incentives to remain elevated during the fourth quarter, with incentive levels dependent on demand, mortgage rates and other market conditions,” said Auld.

    D.R. Horton revised its projected 2026 ‌consolidated ⁠revenue at $32.5 billion to $33.0 billion, down from its previous forcase of $33.5 billion to $34.5 billion.

    Despite this, the builder’s homebuilding revenue for the third quarter increased 1% to $8.7 billion. Total closed homes ticked up 4% from Q2 to 23,983.

    “Our experienced local operators, broad national footprint, flexible lot supply and strong balance sheet position us to compete effectively and capture demand across our markets,” said Auld We remain focused on disciplined capital allocation and are committed to delivering value to our homebuyers while enhancing long-term returns for our shareholders.”

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  • Michigan governor signs bills to boost homebuilding

    Michigan governor signs bills to boost homebuilding

    On July 21, 2026, Michigan Governor Gretchen Whitmer signed three bills into law aimed at increasing homebuilding across the state. The bills will enable the Michigan Housing Opportunity Tax Credit to work in tandem with the federal low-income housing tax credit to build more affordable housing and cut red tape to help build new homes.

    “Every Michigander deserves an affordable, quality place to call home,” said Whitmer. “I’m proud to sign these bills that cut red tape, lower housing costs and expand our housing stock available to working families looking to put down roots. Over the last seven-and-a-half years, we’ve built more homes than any administration in state history and lowered costs for every Michigander, making it possible for more people to become homeowners. This year’s budget builds on that progress by investing in our neighborhoods and the people who need it most. Let’s keep working together to give every Michigander a shot at finding a place to call home.”

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  • Stanley Martin Homes Acquires Holiday Builders

    Stanley Martin Homes Acquires Holiday Builders

    Stanley Martin Homes announced it entered into an agreement to acquire Florida-based Holiday Builders.

    This acquisition would increase Stanley Martin Homes’ controlled lot count to approximately 10,600 and strengthen its presence in the Northwest Panhandle and Southwest Gulf Coast of Florida.

    Holiday Builders closed approximately 1,050 homes in the state in 2025.  Stanley Martin Homes closed an estimated 5,320 homes in 2025, with a presence in seven states.

    “The acquisition of Holiday Builders marks an important step in strengthening the presence of Stanley Martin Homes across Florida,” said Steve Alloy, President and Chief Executive Officer of Stanley Martin Homes. “Their established footprint in key markets aligns with our commitment to expanding housing availability and affordability for today’s homebuyers.”

    “We are proud of the foundation Holiday Builders has built across Florida and excited to join the Stanley Martin Homes organization,” said Bruce Assam, President and Chief Executive Officer of Holiday Builders. “Together, we will create even more opportunities for buyers to find a home that fits their needs.”

    Stanley Martin Homes is a subsidiary of Japan-based homebuilder Daiwa House Group. Another subsidiary of Daiwa House Group, Trumark Homes, acquired Washington-based homebuilder JK Monarch in late March 2026.

    The transaction is expected to close in late July 2026; Holiday Builders will become a wholly owned subsidiary of Stanley Martin Homes.

    Read Full Article 

  • Florida and California lead in luxury home sales

    Florida and California lead in luxury home sales

    June’s largest home sales were split between the coasts of Florida and Southern California. Luxury home sales strongly led each of the state’s housing markets. The most expensive U.S. home sale of the month, a beachfront estate in Manalapan, Fla., sold for $71 million. The second largest sale was a $47 million compound in Beverly Hills, Calif., followed by two coastal Florida properties that each sold for approximately $43 million: a Palm Beach mansion and a Bal Harbour Home.

    In California, some of the largest sales came from the following luxury properties: a West Hollywood penthouse, a Carpinteria beach house and a Newport Beach estate.

    All 10 of June’s largest home sales sold for more than $30 million.

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  • Lennar approved on 2,360-home Florida development

    Lennar approved on 2,360-home Florida development

    Lennar, one of the nation’s largest homebuilders, just received the thumbs-up on its 2,360-home Everlands West development from the Palm Bay City Council. The project is noted as one of the most ambitious residential projects for the city in recent memory. Lennar plans to build an estimated 1,600 single-family homes and 760 multi-family homes.

    The project is especially interesting given the city’s new investment in the area, planning to devote around $19 million for water and sewer infrastructure investments. Full build-out for the Everlands West development is expected to reach completion in 2036. The project continues Lennar’s presence in the Palm Bay market, with five currently active communities.

    “Both the existing and proposed future land use designations allow for significantly higher residential densities than what’s being proposed with this community, said  But even with the flexibility, this project is being designed at just a low overall density of 1.96 dwelling units an acre. In addition, the plan preserves over 310 acres of wetlands in conservation areas, helping maintain that natural character of the site.”

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Exclusive Feature

Exclusive Feature

  • Home building employment concentrated in rural markets

    Home building employment concentrated in rural markets

    According to the National Association of Home Builders’ Home Building Geography Index (HBGI), residential construction is playing a larger role in rural and suburban markets. Among the seven HBGI categories, non-metro/micro counties recorded the highest concentration of residential construction employment.

    NAHB’s analysis of county-level data shows that the industry’s employment footprint is particularly large in rural and smaller-market counties, where home building accounts for a greater share of total employment than it does nationally. Large metro core counties are showing relatively lower employment concentration due to their more diversified economies, which are less dependent on home building activity.

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  • Dream Finders Homes makes fifth bid to acquire Beazer Homes

    Dream Finders Homes makes fifth bid to acquire Beazer Homes

    On July 8, 2026, Dream Finders Homes presented its fifth offer to acquire Beazer Homes. While a merger of the two companies would create the sixth-largest homebuilder in the nation, the Board of Directors at Beazer Homes publicly rejected Dream Finders Homes’ third offer in May.

    The most recent offer values Beazer Homes at  $32.00 per share in cash, a steady increase from its first offer in February at $28.50 per share in cash.

    “Beazer’s actions do not appear to be focused on pursuing a path that can maximize value for shareholders,” said Patrick Zalupski, Dream Finders’ Chairman and CEO. “While we would have preferred to continue our discussions privately, Beazer’s proposed non-disclosure agreement and related restrictions go well beyond what is necessary to protect confidential information. Taken together with Beazer’s past unwillingness to engage, these provisions raise questions about whether the Board is prepared to pursue a transaction that we believe would be in the best interest of Beazer shareholders.”

    “The proposals represent a significant and unwarranted discount to Beazer’s inherent value, and neither recent nor historical industry transactions support such a valuation,” wrote the Beazer Board in its rejection of the offer in May.

    Beazer Homes has yet to comment on this fifth offer.

    Read Full Article 

  • How homebuilding shaped 250 years of U.S. history

    How homebuilding shaped 250 years of U.S. history

    As we celebrate the 250th anniversary of the founding of the United States, one of the most pivotal aspects of the American Dream is homeownership and the homebuilding behind it.

    From the first president’s estate, Mount Vernon, to America’s first planned city, Savannah, Georgia, the history of homebuilding is woven into the fabric of the country.

    Since first studied by the U.S. Census, the homeownership rate in the U.S. in 1965 was 62.9%. There have been periodic increases and dips, while it currently sits at 65.3 in Q1 2026.

    Construction of housing rose to its peak in 2005 with over 2 million housing starts. The National Association of REALTORS estimates the country lacks 4.7 million homes.

    The future landscape of housing production is positive, with a landmark housing bill passed by both the House and the Senate.

    “NAHB applauds lawmakers for working together in a bipartisan, bicameral effort to pass historic housing legislation that will deliver real benefits for the American people,” said Bill Owens, chairman of the National Association of Home Builders. “The 21st Century ROAD to Housing Act will help increase the nation’s housing supply by reducing regulatory barriers and encouraging local governments to reform zoning and land-use policies that have limited home building. By expanding homeownership and rental housing opportunities nationwide, this legislation will help ease the housing affordability crisis.”

    People behind the homebuilding industry play a key part in this country’s founding ideals.

    A celebration of the country’s 250 years of history includes homebuilding.

     

  • Celebrating 41 Years of Excellence: Honoring the 2026 Hall of Fame Class

    Celebrating 41 Years of Excellence: Honoring the 2026 Hall of Fame Class

    The California Homebuilding Foundation Hall of Fame has celebrated the men and women whose vision, leadership and unwavering commitment to excellence have shaped the places Californians call home and left a lasting mark on our industry.

    Now in its 41st year, the Hall of Fame proudly recognizes leaders who exemplify the very best of California homebuilding. Their achievements have raised industry standards, strengthened communities and inspired future generations of builders and leaders to carry their legacy forward. We are proud to announce the Hall of Fame Class of 2026—five extraordinary leaders whose careers reflect exceptional achievement, service, and an enduring commitment to our industry and the communities they serve.

    2026 Hall of Fame Inductees


    Patrick R. Fuscoe, P.E. – Fuscoe Engineering, Inc.

    Tom Grable – Tri Pointe Homes

    Glen Martin – Avila Real Estate Capital | Pacific InterWest


    James J. Schmid – Chelsea Investment Corporation


    Mary Teichert – Teichert, Inc.

     

    For more information about the Hall of Fame Class of 2026, to learn more about the program, or to join us in celebrating this milestone event, please visit the California Homebuilding Foundation or contact the Foundation office at jherman@mychf.org.

  • Utah makes strides to speed up housing development

    Utah makes strides to speed up housing development

    Leaders in Utah’s government are taking action to address the housing supply and, more importantly, a streamlined process for building new homes. Inside the Governor’s Office of Economic Development, a new Division of Housing and Community Development was formed by the Utah Legislature earlier in the year. At the helm of the new division is the Governor’s senior housing adviser, Steve Waldrip.

    “Housing is foundational to opportunity. If young families, teachers, first responders and the people who keep our economy running can’t afford to live in the communities they serve, our long-term prosperity is at risk,” said Governor Spencer Cox. “This new division will help us better align state resources, local partnerships and private-sector innovation so we can build more homes, strengthen our neighborhoods and keep the Utah dream within reach for the next generation.”

    Read Full Article 

  • Luxury home prices outpace rest of market

    Luxury home prices outpace rest of market

    Luxury home prices are rising faster than any other market, a recent report from Redfin explains. Year over year, the median U.S. luxury home sale price rose 4.7%.

    It’s a reasonable turn in the sector considering that many high-end homebuyers do not have the same affordability concerns or mortgage rate sensitivities. Therefore, the demand for luxury homes continues to rise.

    Pending sales of luxury homes gained 5.2% year over year, while pending sales for the rest of the market grew 3.6%.

    This is seen side by side in some markets, such as Tampa, where luxury home prices rose 15.6% year over year while all other homes actually saw a decrease of 0.5%.

    The influx of luxury buyers is extremely prominent in one major metro: the Bay Area. Pending sales for luxury homes in San Francisco climbed 45.9% year over year, largely attributed to the AI sector.

    Read Full Article 

  • Residential construction spending up 1.8% year-over-year

    Residential construction spending up 1.8% year-over-year

    According to the recently released May analysis from the U.S. Census Bureau, private residential construction spending continued its steady upward trend. Compared to a year ago, spending is up 1.8% and surpassed the previous month by 0.4.

    This is the third consecutive month of gains, following the slight dip in activity in February. The current pace is a moderate sign of a stabilizing market, despite consumer economic uncertainty and rise in material costs.

    Looking forward, the effects of the 21st Century ROAD to Housing Act is expected to streamline review for builders and diminish some of the costly boundaries for builders.

    “Multifamily construction spending growth has also slowed down after the peak in June 2023, with the index largely plateauing since late 2024,” said Catherine Koh an economist at the National Association of Homebuilders. “In contrast, improvement spending has been on an upward trend since the beginning of 2025, supported in part by the aging housing stock and sustained demand for renovation.

    Read Full Article 

  • 2026 Gold Nugget Award of Merit honorees announced

    2026 Gold Nugget Award of Merit honorees announced

     

    For 63 years, the Gold Nugget Awards, presented by PCBC, have celebrated the very best in architectural design, planning, development, interiors, marketing and innovation across North America. Recognized as one of the industry’s most prestigious honors, the Gold Nugget Awards showcase the projects, people and companies that are shaping the future of our built environment.

    From an extraordinary field of more than 800 entries, the 2026 competition recognized the year’s most exceptional achievements. Selected by a distinguished Blue-Ribbon panel of industry experts, this year’s Honorees represent the highest level of excellence in their respective categories.

    We proudly congratulate every Honoree on this remarkable achievement. Your vision, talent and dedication continue to inspire our industry and demonstrate what’s possible through exceptional design and innovation.

    The winners will be recognized during the 63rd Annual Gold Nugget Awards Gala, presented by PCBC, on Wednesday, July 29, 2026, at the Gaylord Pacific Resort & Convention Center in Chula Vista, Calif. 

    View the complete list of Honorees at goldnuggetawards.com

     

  • Builders Can Successfully Transition Into Bathroom Remodeling

    Builders Can Successfully Transition Into Bathroom Remodeling

    Thinking about expanding your business into bathroom and shower remodeling? The biggest opportunities for builders exist within the wet space, especially remodels. Join Bestbath for a roundtable discussion on expanding into the wet space. Industry professionals will share perspectives on current market trends, business opportunities, operational considerations, and lessons learned from adding bathroom and shower projects to their offerings.

    Attendees will gain practical insights into what it takes to enter the category, common challenges to expect, and how other contractors have successfully incorporated wet space projects into their businesses.

    Learning Objectives:

    • What’s driving demand for bathroom remodeling projects
    • Where the biggest growth opportunities exist in the wet space
    • What it takes to add bath and shower services to an existing business
    • How to position and sell bathroom remodeling projects effectively
    • Lessons learned from contractors who have successfully expanded their offerings
    • Practical next steps for growing their business through wet space projects

    Purpose: This webinar is designed to help contractors, remodelers, builders, and home improvement professionals evaluate the opportunity of expanding into bathroom and shower remodeling. Through a roundtable discussion with industry professionals, attendees will gain insight into market demand, growth opportunities, operational considerations, and real-world lessons learned from businesses that have successfully added wet space projects to their offerings. The goal is to provide practical guidance to help attendees determine whether expanding into the wet space is the right fit for their business.

    Join speakers Michael Lunt, Dealer Sales Manager at Bestbath and Blake Watson, Owner at Age-Proof Homes, for this discussion.

    Register for the webinar now! 

    Learn more about Bestbath

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